The reader will find in the text of the article footnotes indicating further analysis of certain questions, whereas in fact this analysis does not exist.

The reason for this lies in the fact that the proposed article constitutes only the first part of a response to articles in *Russian Wealth* on Marxism. An extreme shortage of time prevented the timely publication of this article, while we did not consider it possible to delay any further: we are already two months behind. This is why we have decided to publish for now the analysis of the "criticism" of Mr. N. Mikhailovsky, without waiting for the completion of the printing of the entire article.

In the forthcoming 2nd and 3rd installments, the reader will find, in addition to the present analysis, also an analysis of the socio-economic views of other leaders of *Russian Wealth*, Messrs. S. Yuzhakov and S. Krivenko, in connection with an outline of Russia's economic reality and the "ideas and tactics of social-democrats" that flow from it.